---
schema_version: "secwatch.filing_event.v1"
accession: "0001046025-22-000067"
form_type: "8-K"
ticker: "HFWA"
cik: "0001046025"
company_name: "HERITAGE FINANCIAL CORP /WA/"
filed_at: "2022-04-21T23:59:59+00:00"
generated_at: "2026-06-26T05:34:18.047815+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Heritage Financial Q1 net income $19.8M, EPS $0.56; dividend $0.21

## Summary
- Net income $19.8M vs $19.4M Q4'21 and $25.3M Q1'21; diluted EPS $0.56 vs $0.55 and $0.70.
- Loans grew $5.5M (0.1%); excluding PPP repayments of $80.9M, loans grew $86.4M (2.4%).
- Provision for credit losses reversal of $3.6M, down from $5.0M Q4'21 and $7.2M Q1'21.
- Nonperforming assets ratio improved to 0.22% from 0.32% Q4'21 and 0.75% Q1'21.
- Declared regular cash dividend $0.21/share, payable May 18 to record May 4.

## SEC filing metadata
- accession: 0001046025-22-000067
- form_type: 8-K
- ticker: HFWA
- cik: 0001046025
- company_name: HERITAGE FINANCIAL CORP /WA/
- filed_at: 2022-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046025/000104602522000067/0001046025-22-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046025/000104602522000067/hfwa-20220421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001046025-22-000067
- JSON: https://secwatch.observer/filing/0001046025-22-000067.json
- Plain text: https://secwatch.observer/filing/0001046025-22-000067.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.